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Markets

12.05.2023 CORRECTION - LOGISTICS  Hapag-Lloyd, Maersk earnings drop in Q1 / Is the Panama Canal drying up? / Global trade improves

12.05.2023 UK  Government plans update to plastics packaging tax / Officials call for comments on tax credits

12.05.2023 NEVEON  'Breakthrough' in PU foam recycling process for mattresses / Use of certified feedstocks

11.05.2023 ASAHI KASEI  Demo project for microwave PA 6.6 depolymerisation technology / Decision on commercialisation expected by early 2026

10.05.2023 BERRY GLOBAL  US packaging group plans to close 15 production sites / Sales volume and revenue decline in the second quarter

10.05.2023 TOTALENERGIES  Addition of Spanish firm expands recycling ops / Latest move part of increased focus on reclaim

09.05.2023 SHELL  Fire at refinery, petchem plants near Houston / Crackers shut down / Duration of closures unclear

09.05.2023 ENERGY COSTS  Fall in natural gas prices continues / Costs for oil, coal rise again

09.05.2023 K.D. FEDDERSEN  More spending flows into Swedish wood fibre start-up

08.05.2023 BOPET FILMS  Global capacity to exceed 10 mn t/y / Asia acts as growth engine with China, India / Packaging, electronics serve as main drivers / Technology still comes from Germany

08.05.2023 CARTON PACK  Italian packaging manufacturer acquires Smilesys

05.05.2023 LUXI CHEMICAL  Explosion in China stops plants on PA 6 line / Blast kills at least nine

05.05.2023 PETROCHEMICAL MARKETS  Polystyrene: TotalEnergies lifts force majeure on deliveries from Gonfreville and Carling

05.05.2023 USA  Biden administration introduces recycling proposals / Senate submits reclaim legislation / Greenpeace calls for decisive action against plastics waste exports

05.05.2023 MAUSER  Container manufacturer expands business in Poland, Singapore, China

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